In theory, Halloween is a sweet season for candy makers. In practice, for Hershey Co (NYSE: HSY) last quarter, not so much.
The company reported an almost 4 percent drop in Q3 net income Wednesday.
According to Hershey, the high cost of dairy was a prime reason for the Q3 income...

Analysts at Societe Generale downgraded Kellogg Company (NYSE: K) from Buy to Hold.
The target price for Kellogg has been lowered from $68.50 to $66.
Kellogg shares have gained 4.35% over the past 52 weeks, while the S&P 500 index has surged 15.85% in the same period.
Kellogg's shares rose 0....

Analysts at Societe Generale downgraded General Mills (NYSE: GIS) from Hold to Sell.
The target price for General Mills has been lowered from $53 to $50.
General Mills shares have gained 6.04% over the past 52 weeks, while the S&P 500 index has surged 15.85% in the same period.
General Mills...

Analysts at Societe Generale upgraded Mondelez International (NASDAQ: MDLZ) from Hold to Buy.
The target price for Mondelez International has been raised from $40 to $43.
Mondelez shares have gained 8.59% over the past 52 weeks, while the S&P 500 index has surged 15.85% in the same period....

Hill International (NYSE: HIL) was hit with heavy selling following the announcement of preliminary earnings and follow-on offering.
Hill International closed Monday’s session at $5.47, down 5.36 percent.
The company reported preliminary earnings per share of $0.04 for Q2 2014; analysts...

The Times of London on Monday reported that British American Tobacco (NYSE: BTI), Britain's largest tobacco group, asked Deutsche Bank to work with UBS regarding possible financial deals in the United States.
The article stated that British American Tobacco hired the banker to advise the...

Shares of BlackBerry (NASDAQ: BBRY) fell as much as 4.447 percent following Societe Generale analyst Andy Perkins downgrade from Hold to Sell.
Amidst recent gains in shareholder value, Perkins reported that BlackBerry is worth only $6.00 in a sum-of-the-parts valuation. The analyst breaks down the...

Sixteen of the world’s largest banks were sued Friday by the Federal Deposit Insurance Corporation (FDIC) for fixing the London interbank interest rate (Libor). According to the FDIC, the move cost smaller, failed American banks such as Washington Mutual, IndyMac and Colonial money.
Bloomberg...

The benchmark used to set the price of gold in London, known as the gold fix, may have been manipulated for 10 years by banks, according to Bloomberg.
Professor Rosa Abrantes-Metz of New York University’s Stern School of Business and Albert Metz, managing director at Moody’s, said in a draft...